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NHPC
Why This Brokerage Upgraded NHPC's Rating After Q2 Results
ICICI Securities upgraded NHPC as it sees limited downsides for the stock at its current price levels. NHPC reported a 41% decline in net profit in Q2 and the stock has fallen 13% in the last 6 months.
NHPC Shares Continue Slump After Q2 Print, Analysts Remain Cautious
NHPC Declines Nearly 3% As Q2 Results Disappoint Investors
Why This Brokerage Upgraded NHPC's Rating After Q2 Results
NHPC Shares Continue Slump After Q2 Print, Analysts Remain Cautious
NHPC Declines Nearly 3% As Q2 Results Disappoint Investors
NHPC Q2 Profit Plunges 41% to ₹909 Cr, Misses Estimates
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In October, the company informed that the total monetary loss inflicted due to the Sikkim landslide's effect on its 510 megawatt Teesta-V Power Station was around ₹327.67 crore. NHPC stated that the power station is currently non-operational and undergoing restoration following the flash floods in October 2023.
NHPC Q2 Preview: Consolidated Profit Expected To Decline 21%
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The decline in profit after tax is anticipated mainly due to the lower generation in Q2FY25 and the impact of a ₹480 crore deferred tax credit that had inflated earnings in the same quarter last year.
